Natural Gas and Oil Forecast: WTI Drops to $98.85 as Brent Tests $105 — NatGas Breakout Confirmed?

WTI fell through channel support to $98.85 while Brent tested lower support, indicating near-term weakness in crude despite the Middle East truce holding firm. Natural gas rebounded sharply toward $3.15, supported by positive RSI and volume. The article is largely technical and market-specific, with geopolitics providing a stabilizing backdrop rather than a fresh catalyst.

Analysis

WTI fell through channel support to $98.85 while Brent tested lower support, indicating near-term weakness in crude despite the Middle East truce holding firm. Natural gas rebounded sharply toward $3.15, supported by positive RSI and volume. The article is largely technical and market-specific, with geopolitics providing a stabilizing backdrop rather than a fresh catalyst.